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Stock impact report

Western Alliance Bancorporation Q1 Earnings Call Highlights [Yahoo! Finance]

Western Alliance Bancorporation (DE) (WAL) 
Last western alliance bancorporation (de) earnings: 4/16 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
million on the Cantor loan but realized $50.5 million of pretax gains from securities sales and identified expense savings that largely offset the hit, producing an adjusted EPS of excluding those items. Balance-sheet momentum and NII outlook : Deposits grew $5.6 billion (assets near $99 billion ), net interest income was stable at $766 million with NIM up to , and management reiterated targets of $8 billion deposit growth and $6 billion HFI loan growth while forecasting NII growth of 11–14% (trending toward the high end). Capital and asset-quality posture : Core asset quality was steady excluding fraud items, allowance for loan losses was 78 bps of funded HFI loans (ACL 87 bps), CET1 remained at the target, the bank repurchased 1.6 million shares (~ $120.4 million to date), and it reaffirmed guidance of core net charge-offs of 25–35 bps (ex-fraud) with expense growth of 7–11% expected for 2026. Interested in Western Alliance Bancorporation? Here are five stocks we like better. Show less Read more
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